PRODUCTIVITY DEVELOPMENT OF COMPANIES OF THE CZECH CHEMICAL INDUSTRY

Marek Botek (), Olga Kutnohorská (), Dana Strachotová () and Stanislava Grosová ()
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Marek Botek: University of Chemistry and Technology, Prague
Olga Kutnohorská: University of Chemistry and Technology, Prague
Dana Strachotová: University of Chemistry and Technology, Prague
Stanislava Grosová: University of Chemistry and Technology, Prague

No 14616446, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: This article studies the performance of selected companies of the Czech chemical industry. Data from financial statements are used for the analysis. The initial data is processed by the Data Envelopment Analysis (DEA) method. Furthermore, the authors use the Malmquist Productivity Index (MPI) to analyze changes in the productivity of companies, and the bootstrap method tested the statistical significance of these indexes. The authors examined the development of selected data over a longer time horizon in order to identify changes, for example, in the period before and after the COVID 19 epidemic. The findings of the study not only show the development of productivity, but also reveal the causes of the development.

Keywords: Chemical industry; Data envelopment analysis; Malmquist productivity index; Bootstrapping; Financial statements (search for similar items in EconPapers)
JEL-codes: C10 D20 (search for similar items in EconPapers)
Pages: 13 pages
New Economics Papers: this item is included in nep-eff
References: View references in EconPapers View complete reference list from CitEc
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Published in Proceedings of the Proceedings of the 64th International Academic Conference, Lisbon, Nov -0001, pages 22-34

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